Ron Meyer

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Ron Meyer

NBCUniversal vice-chairman Ron Meyer is stepping down from his post after 25 years.

In a statement released on Tuesday morning (August 18) NBCUniversal CEO Jeff Shell said, “I am writing to share some unfortunate news. Late last week Ron Meyer informed NBCUniversal that he had acted in a manner which we believe is not consistent with our company policies or values. Based on Ron’s disclosure of these actions, we have mutually concluded that Ron should leave the company, effective immediately. We thank Ron for his 25 years of service, and for his significant contributions to NBCUniversal.”

Meyer issued a statement of his own in which he said, “It is with a heavy heart that I announce my departure from NBCUniversal.

“I recently disclosed to my family and the company that I made a settlement, under threat, with a woman outside the company who had made false accusations against me. Admittedly, this is a woman I had a very brief and consensual affair with many years ago.

“I made this disclosure because other parties learned of the settlement and have continuously attempted to extort me into paying them money or else they intended to falsely implicate NBCUniversal, which had nothing to do with this matter, and to publish false allegations about me. After I disclosed this matter to the company, we mutually decided that I should step down from my role as Vice Chairman of NBCUniversal.

“I’ve spent 25 years helping to grow and support an incredible company in a job I love. It is the people at this company that I will miss the most. I regret what has happened and I am sorry for all the people in my life I may have let down, especially and most importantly, my family.”

Meyer joined Universal Studios in 1995 as president and COO and rose through the ranks to his latest role.